A company discarded a computer system originally purchased for $18,000. The accumulated depreciation was $17,200. The company should recognize a(an):
A) $0 gain or loss.
B) $800 loss.
C) $800 gain.
D) $8,000 loss.
E) $7,200 loss.
B) $800 loss.
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The major differences between activity-based budgeting and traditional budgeting are found in
A) the materials and labor categories. B) the sales and production budgets. C) the cash budget. D) the overhead and selling and administrative categories. E) none of these
Answer the following statement(s) true (T) or false (F)
1. The territorial, or geographical, structure is often appropriate when adjustments to local conditions are important. 2. The main disadvantage of the territorial, or geographic, structure is that managers are often not given enough authority to carry out responsibilities. 3. The matrix structure solves many of the disadvantages of the functional and product structures. 4. The matrix structure should be used by every organization. 5. Choosing which organizational structure is appropriate for an organization boils down to an either/or choice and the disadvantages of that choice must be dealt with.
Briefly describe the four-stage model of forgiveness.
What will be an ideal response?
Which of the following are critics of advertising likely to state as a reason for marketers to engage in deceptive advertising?
A. The National Advertising Review Council does not regulate deceptive advertisements. B. Most products in the market are not of good quality. C. Unlike other unethical practices, deceptive advertising has no legal implications. D. Studies have found that deceptive advertisements increase sales drastically. E. Advertisers usually present only information that is favorable to their position.